Plasma Feed Market By Application (Pet Food, Swine Feed), Source (Bovine, Porcine), & Region for 2024-2031
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationPlasma Feed Market By Application (Pet Food, Swine Feed), Source (Bovine, Porcine), & Region for 2024-2031
Plasma Feed Market Valuation – 2024-2031
The plasma feed market is experiencing a growth of popularity. The growing demand for high quality animal protein, emerging trends in animal health and nutrition, and a growing understanding of the benefits of plasma-based animal feeds in improving animal performance and overall health are the key market drivers driving growth. The market size surpass USD 2.97 Billion valued in 2024 to reach a valuation of around USD 4.54 Billion by 2031.
The market for plasma feed is expanding, driven by increased demand for alternative protein sources in animal feed and the need to substitute antibiotics. As concerns about antibiotic resistance grow, plasma feed emerges as a feasible treatment, which accelerates its use. Furthermore, the global need for animal protein continues to climb, despite restrictions on land and water resources for traditional feed production, placing plasma protein as a lucrative and sustainable alternative in the animal feed sector. The rising demand for plasma feed is enabling the market grow at a CAGR of 6.10% from 2024 to 2031.
Plasma Feed MarketDefinition/ Overview
Plasma feed is a processed animal blood product used in animal feed, particularly for pets and livestock. It is made by separating blood cells from blood plasma, a yellowish liquid high in protein, antibodies, and other useful ingredients. This plasma is then dried or reduced into a powder or liquid form for easy storage and transport.
There are two primary reasons plasma feed makes its way into animal meals. For starters, it’s a highly digestible source of protein and necessary amino acids, both of which are critical building blocks for animal development, repair, and health. Second, plasma contains immunoglobulins, or antibodies, which assist growth of the immune system and fight infections.
The usage of plasma feed in pet food is being driven mostly by the premium pet nutrition movement. Pet owners are increasingly looking for high-quality, natural ingredients for their beloved pets. Plasma powder not only improves the nutritional value of pet food but also its palatability and texture, making it easier to sell to pets. In the case of livestock feed, plasma feed can help to increase animal performance and potentially reduce antibiotic use.
What's inside a
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Will High-Quality Animal Protein Drive the Plasma Feed Market?
The plasma feed market is heavily driven by rising demand for high-quality animal protein, which serves as the major driver defining industry dynamics. With a growing global population and rising wealth, there is a noticeable increase in the consumption of meat and other animal-derived goods. This growth in demand leads to increased livestock production requirements, putting pressure on the animal feed industry to innovate and adapt. As the traditional reliance on conventional protein sources faces problems in terms of sustainability and efficiency, there is an urgent need to investigate alternate options to fulfill rising demand. This shift toward sustainable protein sources not only demonstrates the industry’s dedication to environmental responsibility but also opens up the lucrative potential for new protein technologies such as plasma feed.
In this scenario, players are increasingly focused on optimizing production methods, improving nutritional profiles, and assuring ethical protein input sources to suit changing consumer demands and regulatory criteria. As the need for high-quality animal protein grows, the market for new protein solutions is expected to expand significantly, paving the way for a more sustainable and resilient future for the animal feed sector.
Will the Limited Supply of Raw Materials Impact the Plasma Feed Market?
The plasma feed market has a limited supply of raw materials, which is mostly due to plasma sourcing. Plasma feed is mostly composed of animal blood plasma, a vital component obtained from killed animals. However, the method of collecting and extracting plasma is intrinsically constrained by a number of factors, including the volume of blood taken per animal and the frequency of slaughtering operations.
Furthermore, the availability of eligible donor animals has a substantial impact on the overall supply of plasma. Variations in livestock populations, breed availability, and geographical distribution can hamper sourcing attempts, especially in areas with strict rules or ethical concerns about animal killing.
The logistical problems of blood collection and plasma extraction add to the difficulty of guaranteeing a consistent and reliable supply chain. To avoid delays and preserve the raw materials’ integrity, transportation logistics, storage requirements, and processing facilities must be controlled efficiently. Competing demands for animal blood and plasma from other industries, such as pharmaceuticals and medical applications, can put further strain on the available supply of plasma feed manufacturing. This variety of demand emphasizes the importance of strategic planning and coordination in securing a steady and sustainable supply of raw materials for the plasma feed market.
Category-Wise Acumens
Will the Pet Food Industry Segment Accelerate the Plasma Feed Market?
In the plasma feed market, Pet food develops owing to the growing demand for premium pet nutrition. Pets are increasingly viewed as important family members, and there has been a noticeable increase in demand for high-quality pet food items. Plasma feed is perfectly suited to this trend, with a high protein content that delivers vital amino acids required for cat health and growth. This nutritional profile is tailored to the discerning preferences of pet owners who want to prioritize their companion’s dietary demands and general well-being.
Plasma feed’s popularity in the pet food industry extends beyond its nutritional composition to its attractive physicochemical qualities. Plasma, with its intrinsic palatability and digestibility, provides pets with a sensory experience that promotes ingestion and dietary satisfaction. This sensory appeal, along with its nutritional efficacy, makes plasma feed an appealing ingredient option for pet food makers looking to create products that cater to modern pets’ discriminating palates and nutritional needs.
As the pet food market evolves to accommodate changing consumer dynamics and increased knowledge of pet health and nutrition, plasma feed continues to dominate the segment. Plasma feed strengthens its position as a key ingredient in premium pet food formulations by leveraging its nutritional superiority, palatability, and digestibility. This ensures that pets receive optimal nutrition and wellness support, building a symbiotic relationship between pets and their dedicated caregivers based on a shared commitment to provide the best possible care.
Will the Porcine Plasma Drive Significant Demand for the Plasma Feed Market?
Porcine plasma is the dominating source in the plasma feed industry, according to numerous publications from industry Research Future, Markets and Markets, and Mordor Intelligence. This leadership position is due to various inherent benefits provided by swine plasma generated from pigs. One significant advantage is that its proteins are easily digested, supplying animals with the critical amino acids required for their health and development. Furthermore, pig plasma contains useful bioactive components such as immunoglobulins, transferrin, and growth factors, which help to improve animal health and performance.
The widespread adoption of porcine plasma feed reinforces its market dominance. It is widely used in chicken and swine feed formulations, meeting the nutritional requirements of numerous animal species. This diversity in application expands the market reach of porcine plasma feed, making it a popular choice among feed manufacturers and animal producers alike. Porcine plasma’s compatibility with various feed formulations, as well as its usefulness in promoting animal health and growth, contribute to its widespread use in the poultry and swine sectors.
As the demand for high-quality animal nutrition continues to escalate, the dominance of porcine plasma in the plasma feed market is expected to persist. Its proven nutritional benefits, functional bioactive components, and broad application scope position porcine plasma as a preferred protein source for meeting the evolving needs of modern livestock production.
Gain Access into Plasma Feed Market Report Methodology
Country/Region-wise Acumens
How Will Plasma Feed Market Accelerate the Growth in the Asia Pacific Region?
The Asia-Pacific region is the leading market for plasma feed, with the largest compound annual growth rate (CAGR). This dominating position might be due to a convergence of forces driving growth in the region. The most notable of them is the rise in meat consumption, which is being driven by a fast-expanding population and rising disposable incomes. As more Asian consumers adopt meat-centric diets, demand for animal feed, including plasma feed as a critical protein source, increases.
The region’s rising economics contribute greatly to the growing need for plasma feed. A thriving meat processing industry in Asia-Pacific ensures a ready supply of raw plasma for feed manufacturing. This strong economic growth creates an atmosphere suitable for the increase of livestock production and associated feed companies, promoting acceptance of plasma feed in the region.
The Asia-Pacific plasma feed market’s dominance is strengthened further by supporting government regulations. Some governments in the region may incentivize plasma feed manufacturing or put restrictions on antibiotic usage in animal feed, resulting in a more favorable regulatory environment for plasma feed adoption. Market researchers estimate that the Asia-Pacific market will continue to develop significantly, driven by strong meat demand, increasing economic conditions, and favorable regulatory frameworks. As a result, the region is well-positioned to continue leading the charge for innovation and growth in the worldwide plasma feed market.
Will the North America Region Emerge the Largest Market Share for the Plasma Feed Market?
North America, is a potential market for plasma feed and offers attractive growth opportunities in this sector due to a convergence of demand drivers and solutions to current difficulties. The region reflects worldwide trends, with a growing population and rising disposable incomes, driving up meat consumption and needing higher volumes of animal feed, including protein sources such as plasma. Furthermore, North American farmers are increasingly focusing on animal health and performance, looking for solutions that improve immunity and growth. Plasma feed emerges as an appealing option, with possible benefits that coincide with these concerns.
North America’s potential transition away from antibiotic use in animal feed, influenced by increasingly stringent regulations mirroring global trends, offers an opportunity for plasma feed as a natural method to support animal health. Advancements in plasma collecting and processing techniques hold promise for improving yields and expanding the available pool. Additionally, exploring alternate protein sources with comparable benefits to plasma could alleviate strain on the supply chain, fostering industry sustainability.
Evolving consumer preferences for antibiotic-free meat may drive the adoption of plasma feed as a natural alternative. North America’s status as a hub for agricultural innovation fuels research into the efficacy of plasma feed for diverse livestock species and its potential to enhance meat quality. Future regulatory changes, such as relaxed restrictions on certain blood meal derivatives, may further encourage the adoption of plasma feed formulations, bolstering market growth and fostering innovation within the region.
Competitive Landscape
The plasma feed market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.
The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the market include
- Cargill Inc
- Darling Ingredients Inc
- Veos Group
- Kraeber Co Gmbh
- Lauridsen Group Inc
- BASF SE
- EccoFeed LLC
- Land O Lakes Purina
- Lican Food
- Nutreco
- ADM
- Archer Daniels Midland Company
- Charoen Pokphand Foods
- Feedworks Pty. Ltd.
- Puretein Agri LLC
- Rocky Mountain Biologicals
- SARIA Group
Latest Developments
- In October 2022, Grifols launched a new albumin purification and filling facility in Dublin, Ireland to expand its global production and supply base.
- In September 2022, the Japanese Ministry of Health, Labour, and Welfare approved CSL Behring K.K. to manufacture and market Berinert S.C. Injection 2000, a lyophilized human C1-esterase inhibitor concentrate for subcutaneous (SC) injection in plasma derivative, to prevent acute hereditary angioedema (HAE) attacks.
- In April 2022, Shire plc was acquired by Takeda Pharmaceutical Company Limited. As a result of this acquisition, Takeda’s product range will be expanded, giving the business a stronger foothold in the plasma fractionation market.
- In June 2021, Puretein Agri LLC announced plans to develop a plasma protein synthesis factory in South Dakota, US. With an annual manufacturing capacity of 30,000 metric tonnes, the new plant will assist supply the region’s expanding need for plasma feed products.
- In January 2021, APC Inc. announced a new range of blood protein supplements for farmed diets. The new products greatly increase APC’s plasma feed offering and are intended to improve fish growth, health, and disease resistance.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| Growth Rate | CAGR of ~6.10% from 2024 to 2031 |
| Base Year for Valuation | 2024 |
| HISTORICAL PERIOD | 2021-2023 |
| FORECAST PERIOD | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Players | Cargill Inc, Darling Ingredients Inc, Veos Group, Kraeber Co Gmbh, Lauridsen Group Inc, BASF SE, EccoFeed LLC, Land O Lakes Purina, Lican Food, Nutreco, ADM, Archer Daniels Midland Company, Charoen Pokphand Foods, Feedworks Pty. Ltd., Puretein Agri LLC, Rocky Mountain Biologicals, SARIA Group |
| Customization | Report customization along with purchase available upon request |
Plasma Feed Market, By Category
Application
- Pet Food
- Swine Feed
Source
- Bovine
- Porcine
Region
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the Market based on segmentation involving both economic as well as non-economic factors• Provision of Market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the Market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the Market within each region• Competitive landscape which incorporates the Market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major Market players• The current as well as the future Market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the Market of various perspectives through Porter’s five forces analysis• Provides insight into the Market through Value Chain• Market dynamics scenario, along with growth opportunities of the Market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any  please connect with our sales team, who will ensure that your requirements are met.
Pivotal Questions Answered in the Study
<a aria-controls="colla
Table of Content
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
List Tables Figures
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy